Fri, Dec 28, 2018
According to a regulatory filing, the committee of creditors (CoC) also approved process note for the request of resolution plan (RFRP) apart from evaluation matrix.
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Sun, Nov 19, 2017
The NCLAT has said financial creditors cannot recover any amount from a defaulter's bank account without the nod of the Interim Resolution Professional (IRP) during the corporate insolvency resolution process.
Mon, Sep 04, 2017
Last month nearly 32,000 homebuyers filed a petition before SC seeking stay on NCLT's insolvency proceedings against Jaypee Infratech - as fears rolled among them that the money they invested in the builder would go to waste due its defaulting company.
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